There are a number of assumptions about future events that must be made regarding a defined benefit plan. An assumption that does not need to be made is:

a. interest rates.
b. employee turnover.
c. mortality rates.
d. compensation.
e. how long the firm will continue.


E

Business

You might also like to view...

Given the increasingly diverse customer base of many organizations, having diverse employees ______.

a. makes no difference if the employees don’t understand each other b. makes no difference if the employees don’t like each other c. makes no difference if the employees refuse to work with each other d. can help a firm to better understand and adjust its practices to satisfy customer demands

Business

Rail is the dominant mode of freight transportation in the United States and accounts for over 75 percent of the nation's freight bill

Indicate whether the statement is true or false.

Business

What is the effect on (1) demand deposits, (2) required reserves, and (3) excess reserves of banks given the following transactions? a. The general public transfers funds from savings accounts checking accounts. b. Corporations borrow from commercial banks. c. State and local governments issue debt securities that are purchased by commercial banks. d. Homeowners borrow from commercial banks to finance home improvements. (Are there any differences on the expansion of the money supply in questions (b), (c), and (d)?) e. A bank in California with excess reserves lends these funds through the federal funds market to a bank in Maine that has insufficient reserves. f. Corporations issue short?term securities that are purchased by the general public. g. Corporations retire (i.e., pay off)

loans from commercial banks. h. The Federal Reserve buys Treasury bills that are sold by the general public. i. The Federal Reserve raises the discount rate, and banks retire debt owed the Federal Reserve. j. The Federal Reserve raises the reserve requirement on demand deposits. k. The Treasury borrows from the banks to finance payments. l. The federal government runs a deficit and borrows the funds from the general public. m. The federal government runs a deficit and borrows the funds from the Federal Reserve. What will be an ideal response?

Business

The relative frequency of a class is computed by

a. dividing the midpoint of the class by the sample size. b. dividing the frequency of the class by the midpoint. c. dividing the sample size by the frequency of the class. d. dividing the frequency of the class by the sample size.

Business